LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN

Overview

Plan Contact

  • Address: 585 LONDON BRIDGE ROAD,VIRGINIA BEACH,VA
  • Phone: (757) 498-0207

Plan General Information


At the end of 2022, the total retirement plan assets of LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is $7,761,262.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is 238

In 2022, the average participant retirement account value for LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is $32,610

In 2022, the estimated average employee contribution amount per participant for LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is $1,944

In 2022, the estimated average employer match for an employee in LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is approximately $751

In 2022, LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN allocates $178,929 to match its employees’ contributions, providing an employer match rate of 37.49% of their contributions

In 2022, the total retirement plan asset growth rate of LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is -13.79%

In 2022, the estimated aggregate retirement account investment gain/loss for LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is -15.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN is 0.94%.

Enrollment Features

LONDON BRIDGE TRADING CO., LTD. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.